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Company: Baker Hughes Services International Inc.
Current Parent Company:
Baker Hughes
Parent at the Time of the Penalty Announcement:
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Penalty: $11,000,000
Year: 2007
Date: April 26, 2007
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Baker Hughes Services International Inc. pleaded guilty to violating the Foreign Corrupt Practices Act. Its parent company Baker Hughes simultaneously entered into a deferred prosecution agreement.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: plea & deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oilfield services and supplies
Specific Industry of Current Parent: oilfield services
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
